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    Retail Space in Peninsula Town Title is generated by Realmo AI

    4410-5100 Kilgore Ave, Hampton, VA

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    Retail space available in Hampton's Peninsula Town Center.

    Type:RETAIL
    Property size:
    29,666 SF
    Lot size:
    0.76 Acres
    Price / SF:
    $117/SF
    Added:
    Mar 29, 2025
    Days on Market:
    443
    Last Refresh:
    May 20 at 8:51 pm

    Property Features for 4410-5100 Kilgore Ave

    General Information

    Standard status
    Active
    Size
    29,666 SF
    Lot size
    0.76 Acres
    Property subtype
    RETAIL

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    Listing Contact
    John F. Riser
    John F. Riser

    Listing agent John F. Riser

    Listing office Riser Retail Group

    Listing date Mar 29, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Riser Retail Group

    HighLights

    • High Traffic Location: Benefit from 6.6 million annual visits and 1.1 million unique customers.
    • Diverse Retail and Entertainment: Over 70 retailers, restaurants, a movie theater, and bowling alley provide a wide range of options.
    • Luxury Apartments: Enjoy the convenience of on‑site luxury apartments.
    • Super‑Regional Center: Multi‑level, open‑air design attracts customers from a wide geographic area.
    • Excellent Accessibility: Located directly off I‑64 at exit 263 (Mercury Boulevard).
    • On‑site Hotel and College: Includes an Element by Westin Hotel and Bryant & Stratton College.

    Overview

    Located off I-64 at exit 263 (Mercury Boulevard) in Hampton, VA, Peninsula Town Center is a multi-level, open-air, super-regional center. The center features more than 70 specialty retailers, restaurants, luxury apartments, an Element by Westin Hotel, Bryant & Stratton College, professional office spaces, bowling, and a movie theater. The property has 29,666 square feet of retail space available. Peninsula Town Center has 6.6 million annual visits and 1.1 million unique customers, with an 87-minute average shop time.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $462.8k $15.60
    − Vacancy −$19.0k −$0.64
    EGI $443.8k $14.96
    − OpEx −$133.1k −$4.49
    NOI $310.7k $10.47
    29,666 SF · lease $15.60/SF/yr · vacancy 4.10% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.44M
    $3.88M – $5.18M (±1% cap)
    NOI $310,671 @ 7.0% cap · market cap 8.88%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $7.71M
    $6.75M – $9.00M (±1% cap)
    NOI $540,040 @ 7.0% cap · market cap 15.43%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Power Plant of Hampton Roads — 1976 Power Plant Pkwy, Hampton, VA 23666
    • Sunglass Outfitters by Sunglass Hut — 1972 Power Plant Pkwy, Hampton, VA 23666
    • Bodacious Bazaar — 1610 Coliseum Dr, Hampton, VA 23666
    • Mercury Plaza — W Mercury Blvd, Hampton, VA 23666
    • DeVilla Plaza — 2236 Todds Ln Suite A, Hampton, VA 23666

    Location Insight

    • Map
    • Local Demand
    City
    Hampton
    County
    York
    State
    Virginia
    Longitude
    -76.3911
    Latitude
    37.0442

    FAQs

    What type of property is this?
    Shopping center - Retail space available in Hampton's Peninsula Town Center.
    Where is this shopping center located?
    The property is located at 4410-5100 Kilgore Ave Hampton, VA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: High Traffic Location: Benefit from 6.6 million annual visits and 1.1 million unique customers.; Diverse Retail and Entertainment: Over 70 retailers, restaurants, a movie theater, and bowling alley provide a wide range of options.; Luxury Apartments: Enjoy the convenience of on‑site luxury apartments.
    (317) 844-0700 Call to check price and availability
    More about this property
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